Springboard helps formerly distressed borrowers get back on track

Counselors provide borrowers with a customized action plan that reflects household budgets and shows borrowers how they can meet their financial obligations to prevent default again in the future. Source: "Springboard helps formerly distressed borrowers get back on track," HousingWire (Nov. 19, 2013)

Moody’s: Single-family rental equity securitization poses more risk Moody’s identifies key risk factors in securitizations of single-family rental properties 23 Aug 2012 New York, August 23, 2012 — Moody’s Investors Service has outlined the main types of risks that securitizations backed by cash flows from single-family rental properties would present.Mortgage bond trader Jesse Litvak convicted of fraud, again The tale of Jesse Litvak may finally be moving toward an ending, as a federal jury on Friday found the former Jefferies managing director and mortgage-backed securities trader guilty on one count of fraud. It’s a significant difference from Litvak’s previous conviction, when a jury found him guilty on 15 counts of fraud.

 · WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released a report projecting that over the next two years, one-in-three rehabilitated student loan borrowers could be driven back.

Mortgage to Lease: Good for Borrowers, Better for Banks – Instead of losing money on a deteriorating, vacant house, they can make back. formerly expensive business chore into a public relations-enhancing enterprise will make it a better investment than it.

We’ve got your back! Student Loan Hero is a completely free website 100% focused on helping student loan borrowers get the answers they need. Read more. How do we make money? It’s actually pretty simple. If you choose to check out and become a customer of any of the loan providers featured on our site, we get compensated for sending you.

Freddie Mac: Brexit volatility tapers off, mortgage rates increase It was another challenging quarter for Agency mortgage REIT, as global volatility and falling interest rates led to significant yield spread. loan activity to shift away from Fannie Mae and Freddie.

 · In a Nutshell: Student loan debt is a growing problem for many Americans. At $1.5 trillion, it is the largest category of unsecured debt in the U.S. The website for the National Consumer Law Center’s® Student Loan Borrower Assistance Project offers a wealth of valuable resources, including important information about loan holders’ rights and responsibilities, for [.]

Assurant Field Asset Services names Rob Cooper managing director Rob Cooper, Assurant field asset services managing Director, commented, "The housing crisis has abated, but many properties remain in foreclosure or vacant. That’s a potential issue for the entire.Florida AG targets companies for preying on homeowners Iowa cracks down on ‘toner pirates’ Iowa AG Tom Miller has sued three companies for conducting an office supply scam. non-profits are frequent targets of scam artists, including "toner.

Five ways banks can help you stop a foreclosure | Newsday – Five ways banks can help you stop a foreclosure.. Citi spokesman Mark Rodgers says many banks will work with distressed borrowers showing goodwill by trying to work out an affordable monthly.

Mortgage apps reverse course, climb 9.4% Top 5 states for home price growth Over the next 5 years, PwC projects that the populations of New York City, The cities that we've selected are those that balance projected growth for. the emerging real estate markets that we've named our best bets for growth in 2019. Year-over-year home sale price growth: 9.7% (NAR, Q3 2018 – U.S. median is 4.8%).Massachusetts Weighing Offering Benefits To Federal Workers During Shutdown – Baker also had harsh words for all involved in the impasse saying they are “scaring the bejesus out of a lot of people about whether or not they are going to be able to pay their rent or their.

Selling distressed loans to investors significantly cuts foreclosure rates .. the loans sold to investors that avoid foreclosure often get back on track. While deals vary, borrowers have begun paying again, or reperforming, on 32 percent of the loans, mostly thanks to loan modifications. short sales (33 percent) and deeds in lieu of.

One way to get back on track and reverse the foreclosure process on your home is through mortgage reinstatement. Mortgage reinstatement gives borrowers a second chance to keep their home and restore their mortgage loan. Most people believe that when they default on their mortgage and the home goes into foreclosure, there is no option left.

^